Analysts expect Saul Centers Inc (NYSE:BFS) to announce earnings per share (EPS) of $0.82 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Saul Centers’ earnings, with estimates ranging from $0.80 to $0.84. Saul Centers posted earnings per share of $0.79 during the same quarter last year, which would indicate a positive year over year growth rate of 3.8%. The firm is expected to report its next quarterly earnings report on Friday, August 2nd.

On average, analysts expect that Saul Centers will report full year earnings of $3.30 per share for the current fiscal year, with EPS estimates ranging from $3.27 to $3.35. For the next fiscal year, analysts forecast that the firm will report earnings of $3.36 per share, with EPS estimates ranging from $3.25 to $3.42. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that cover Saul Centers.

Saul Centers (NYSE:BFS) last announced its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.35). Saul Centers had a net margin of 22.23% and a return on equity of 21.45%. The business had revenue of $59.75 million during the quarter, compared to analyst estimates of $58.21 million.

Separately, Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th.

Shares of BFS stock opened at $56.24 on Friday. Saul Centers has a 52-week low of $45.49 and a 52-week high of $60.65. The firm has a market capitalization of $1.27 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 3.38 and a beta of 1.00. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 4.09.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th were paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend was Monday, April 15th. Saul Centers’s dividend payout ratio is 68.17%.

In related news, Director Mark Sullivan III sold 2,500 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $53.00, for a total transaction of $132,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 48.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in BFS. Dimensional Fund Advisors LP increased its position in shares of Saul Centers by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 198,906 shares of the real estate investment trust’s stock worth $11,137,000 after purchasing an additional 1,985 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Saul Centers by 85.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 302,729 shares of the real estate investment trust’s stock worth $16,953,000 after purchasing an additional 139,285 shares in the last quarter. MetLife Investment Advisors LLC increased its position in shares of Saul Centers by 55.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 8,416 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 3,011 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Saul Centers by 36.8% during the 3rd quarter. Macquarie Group Ltd. now owns 5,200 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Teachers Advisors LLC increased its position in shares of Saul Centers by 0.7% during the 3rd quarter. Teachers Advisors LLC now owns 166,390 shares of the real estate investment trust’s stock worth $9,318,000 after purchasing an additional 1,162 shares in the last quarter. Institutional investors and hedge funds own 46.71% of the company’s stock.

About Saul Centers

Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 56 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties.

Further Reading: What is dollar cost averaging (DCA)?

Get a free copy of the Zacks research report on Saul Centers (BFS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Saul Centers (NYSE:BFS)

Receive News & Ratings for Saul Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saul Centers and related companies with MarketBeat.com's FREE daily email newsletter.